‘Ratan Tata is my role model,’ When Rakesh Jhunjhunwala praised Ratan Tata

Rakesh Jhunjhunwala on Ratan Tata: India mourns the loss of industrialist and philanthropist Ratan Tata, who passed away last night at Breach Candy Hospital, Mumbai, at the age of 86. Tata's passing marks the end of an era, leaving behind a profound legacy that shaped modern India. Tributes poured in from across the nation and abroad, remembering him not just as a business magnate but as a humanitarian who dedicated his life to the betterment of society.

Amid the tributes, an old clip of Rakesh Jhunjhunwala, India’s iconic stock market investor, is also surfacing on the internet in which Jhunjhunwalal hailed Ratan Tata and his family as exemplary figures in Indian society. "The Tatas are blessed by God," Jhunjhunwala had said, recounting the family's numerous contributions to India. 

Tatas are my role model in life: Jhunjhunwala

In his tribute, Jhunjhunwala said that Tata's influence extended far beyond the boundaries of commerce. "They are my role model in life," he said, acknowledging the family's unmatched role in building industries while maintaining a commitment to social welfare. 

Tata established India's first steel plant, first five-star hotel, first power plant, and first car manufacturer. "They give all their wealth to charity," Jhunjhunwala noted, pointing out that Tata's philanthropy extended into healthcare, such as their work at the Tata Memorial Cancer Hospital in Mumbai. 

Jhunjhunwala also spoke about how the hospital provides free treatment to children and that Tata's commitment to expanding cancer care facilities across India demonstrated the true purpose of wealth: to serve the greater good.

Ratan Tata's quiet, dignified leadership helped turn Tata Group into one of India's largest and most respected conglomerates. He spearheaded numerous historic deals, including Tata Motors ' acquisition of Jaguar Land Rover and Tata Tea's purchase of Tetley, solidifying the company's global presence. But it was his unshakeable commitment to philanthropy that set him apart. Under his stewardship, the Tata Trusts contributed billions to healthcare, education, and rural development.

Ratan Tata's vision was not just to build a profitable enterprise but to create wealth that benefited society as a whole, an ideal Jhunjhunwala echoed in his tribute. "They are creating wealth for the good of society. What greater and noble aim can a human have, right?" Jhunjhunwala remarked, summing up the essence of Tata's life’s work.